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RiceBran Technologies

RIBT•NASDAQ
Consumer Defensive
Packaged Foods
$0.00
$0.00(0.00%)
empty-state-iconFinancials data is not available for this stockFinancials details for this stock are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

The company's financials show resilient growth, with revenue advancing from $6.27M in Q2 2023 to $2.12M in Q1 2024. Gross profit remained healthy with margins at 22% in Q1 2024 compared to 0% in Q2 2023. Operating income hit -$1.20M last quarter, sustaining a consistent -56% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$1.04M. Net income rose to -$1.86M, while earnings per share reached -$0.19. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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